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Elon Musk gets 77% approval from shareholders to get back his big, $44.9 billion Tesla pay package

Posted on AllSides June 14th, 2024
From The Left

DETROIT (AP) — Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the world's largest electric vehicle maker. The favorable vote doesn’t necessarily mean that Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court and Supreme Court for months as Tesla tries to overturn the Delaware judge's rejection. Musk has raised doubts...

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https://mankatofreepress.com/news/business/elon-musk-gets-77-approval-from-shareholders-to-get-back-his-big-44-9-billion/article_2ca92242-154d-5e8b-a00f-3ee8ffe13509.html

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